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子时
02-02
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Starting to leverage at this price level... well, Mr. Yi has already conceded defeat. Exiting at this point is difficult given the liquidity. Even if it dips to 1800, with his large position, it won't be a direct wipeout. There will be a chain reaction of liquidations, and margin requirements will continue to drop. Now, the only fear is a prisoner's dilemma; others who can't hold on will also surrender. Especially now, the only fear is that the US DAT will surrender. Otherwise, there might still be a chance for a rebound. It's too cruel, really too cruel. Like I said before, even SBF can go to zero overnight; nothing is impossible.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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